During an economic downturn, 20 companies were sampled and asked whether they were planning to increase their

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During an economic downturn, 20 companies were sampled and asked whether they were planning to increase their workforce. Only 3 of the 20 companies were planning to increase their workforce. Use the small-sample method to construct a 98% confidence interval for the proportion of companies that are planning to increase their workforce.

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Elementary Statistics

ISBN: 9781259969454

3rd Edition

Authors: William Navidi, Barry Monk

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